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| Issuer | Thiel & Schuchardt, Ruhla |
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| Year | |
| Type | Emergency coin |
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| Obverse description | Octagonal zinc notgeld token with an outer pearl border running along all eight sides. An inner beaded circle frames the central field, within which the large numeral '10' appears in bold relief. The issuer's legend 'THIEL & SCHUCHARDT' curves around the upper portion of the beaded circle, while 'RUHLA' appears in the lower arc, flanked by two five-pointed stars serving as decorative separators. |
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| Reverse script | Latin |
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| Additional information |
Thiel & Schuchardt was one of several watch-case manufacturers operating in Ruhla, a small Thuringian town that had developed a concentrated metalworking industry by the late nineteenth century. During the acute small-change shortages of World War I, German municipalities and private firms alike issued emergency coinage — Notgeld — to keep local commerce functioning when the Reichsbank could not supply sufficient federal coin. Zinc was the material of necessity: copper and nickel had been redirected to military production by 1916.
This piece circulated exclusively among the firm's workers, functioning as a wage token redeemable at company-affiliated vendors.